JohnA1

If they were to actually find anything, the first to know would be his neighbours who were paid to do the digging.
Just sayin..

Yes, such a scenario would be a damping factor for private transactions using Royal Mail.
It would make it more worthy to meet people in person, or just walk into a dealer.
Alternative ways to post might emerge though, not everyone uses RM for secure deliveries..

If only he had known, he should have started digging three feet to the right... I bet that's where the gold was. 😁

Man dies falling down 130ft hole he dug in kitchen after 'dreaming about buried gold':
https://www.ladbible.com/news/world-news/man-dies-falling-down-hole-kitchen-dreaming-buried-gold-brazil-888039-20240108

Yes, such a scenario would be a damping factor for private transactions using Royal Mail.
It would make it more worthy to meet people in person, or just walk into a dealer.
Alternative ways to post might emerge though, not everyone uses RM for secure deliveries..

"The religion of the international Gold standard had just one absolute commandment: Gold, and gold alone, is the ultimate form of money, the standard."
Peter L Bernstein - The Power of Gold: The History of an obsession
"Currencies were just names for particular weights of gold"
Robert Mundell

I very much doubt the GBP will ever make it that far.
It is decaying very fast, at an accelerating rate - just like the other paper currencies ever since 1971
Whatever will replace it matters not when it comes to the purchasing power of a gold ounce. This has been a constant through the ages, not even centuries.
Bankster deception is pricing gold in their paper 'equivalent', calling it the price of gold - like it is a commodity between oil and pork bellies.
The truth is that gold is money, and everything should be priced in weight of gold.  Don't fall for their lies..

You'd be holding something substantial and immortal.
The sovereign just hasn't got this effect - bit too small and not pure gold.
It's all in the mind!
For a beginner I'd think sovs are an excellent choice. For someone who cashes out a pension (or similar) then tubes of Britannias would be more appropriate in the mix.
It does depend on the budget as well, I remember £5K would get 6 Brits delivered back in 2015 or something. Today you'd be lucky to get 3 for the same GBP, and salaries haven't really moved up since then..

You'd be holding something substantial and immortal.
The sovereign just hasn't got this effect - bit too small and not pure gold.
It's all in the mind!
For a beginner I'd think sovs are an excellent choice. For someone who cashes out a pension (or similar) then tubes of Britannias would be more appropriate in the mix.
It does depend on the budget as well, I remember £5K would get 6 Brits delivered back in 2015 or something. Today you'd be lucky to get 3 for the same GBP, and salaries haven't really moved up since then..

1oz coins are like pringles once you pop you just can't stop

speaking from experience
When you get old you’ll appreciate the bigger coins 
easier to see the detail of the designs and find  them
that is of course if you can remember where you put them in the first place 
 
 

If you're stacking bullion rather than collecting it, base your exit strategy on selling it all to a dealer.  Then anything you get above that via other routes is a bonus.
Dealers can, and will, buy huge amounts of gold in one go.  I doubt that even (say) Abyss's stack would make (say) Chards or Atkinsons think twice about buying it all in one go.
So I'd say buy and stack what you like, whether it's 1oz coins, sovereigns or whatever.  Minimise your premium over spot on the way in.

Premiums for Sovs and Brits is roughly similar.  A mix of the two would make sense.  Sovs are easier to liquidate but Brits can be a little harder but still sell well.
Horses for courses!

@Kitalon I am in the exact boat you have describe my stack is exclusively has only 1 oz Gold coins. I had sovereigns and even some 1/4 gold coins but eventually sold them all. As for quickest liquidity option for 1 oz Gold coins all you have do visit Chards/Atkinsons see which dealer offers the best buy back rate. You will find if you were to buy a single coin from a bullion dealer and then upon delivery decided to sell back to the same dealer you would lose on average 3% plus postage cost for (to & from) the dealer provided spot price not changed significantly. Reduce these costs even further purchased from reputable Facebook groups/the forum itself. I have also taken 1 oz Gold coins and exchanged them for several percent over spot in India. Already had safety deposit box to me it made sense to stack 1 oz Gold coins due to the convenience of storage (fit 10 into a single Royal Mint tube), the lower premiums (both buy/sell) and the high liquidity of 1 oz Gold coins.
But in the end have you ever held a 1 oz Gold coin? I remembering holding mine and it was very special moment and I knew if I was to buy Gold this was the form factor that made the most sense to me and still does......

Gold is not an investment tool. It is a hedge for preserving wealth. The buying power of gold has been constant for the past 4 centuries or so. It is the fiat currencies that have been losing their value/buying power hence the increase in price of a troz of gold (in relation to fiat currencies).

ATM there are several trillion $ held by individuals, family offices and funds with the ~ 5% yield on short term bonds, they're all awaiting equity market falls in a variety of overpriced stocks in an overpriced market.
Even Apple are having to support their share price by share buy backs the last 2 years; the 'magnificent 7 are all likely to drop, Intel too already are.
So once the interest rate drops alongside the market confidence potentially flailing further, as it's now starting to, that money will be re-deployed as interest rates fall.
The bulk of wealthy individuals and family offices usually hold 5 - 10% in gold as insurance/wealth preservation;
so once that re-deployment of capital comes out of bonds and into other asset classes as rates fall, gold may well be also likely to benefit IMO, it has done before in similar historical circumstances.

Last year I posted an article that was discussing just this, they were saying that the stock market is still looking green by virtue of the top 7 pushing up, remove them and the market is falling hard. If anything, is my understanding that they are making things worse as people as selling everything else to focus on them. At some point everything will have to drop, and whoever has the money will be able to scoop it all for pocket change.

The 50-year delay?
I'm not convinced that the so-called interest rates and gold 'price' are even linked.
Interest rates set by central banks, are not always the ones the market is comfortable with. Plus they are set by the same interests that try to convince everyone that gold is just a rock and money is  only what they issue.
Yes, all the interweb commentators agree to such a link, but they are trying to get paid in one way or another. They are not sitting comfortable on their own Pacific island having proven they know what's going on - instead they beg you to ring that bell for pennies from youtube
 
We need to zoom out and ignore the noise

The 50-year delay?
I'm not convinced that the so-called interest rates and gold 'price' are even linked.
Interest rates set by central banks, are not always the ones the market is comfortable with. Plus they are set by the same interests that try to convince everyone that gold is just a rock and money is  only what they issue.
Yes, all the interweb commentators agree to such a link, but they are trying to get paid in one way or another. They are not sitting comfortable on their own Pacific island having proven they know what's going on - instead they beg you to ring that bell for pennies from youtube
 
We need to zoom out and ignore the noise

The 50-year delay?
I'm not convinced that the so-called interest rates and gold 'price' are even linked.
Interest rates set by central banks, are not always the ones the market is comfortable with. Plus they are set by the same interests that try to convince everyone that gold is just a rock and money is  only what they issue.
Yes, all the interweb commentators agree to such a link, but they are trying to get paid in one way or another. They are not sitting comfortable on their own Pacific island having proven they know what's going on - instead they beg you to ring that bell for pennies from youtube
 
We need to zoom out and ignore the noise

The 50-year delay?
I'm not convinced that the so-called interest rates and gold 'price' are even linked.
Interest rates set by central banks, are not always the ones the market is comfortable with. Plus they are set by the same interests that try to convince everyone that gold is just a rock and money is  only what they issue.
Yes, all the interweb commentators agree to such a link, but they are trying to get paid in one way or another. They are not sitting comfortable on their own Pacific island having proven they know what's going on - instead they beg you to ring that bell for pennies from youtube
 
We need to zoom out and ignore the noise

I should change my signature to "Not a tax professional, the following is not professional tax advice"
I think what you said is right. As a private individual you can swap CGT and VAT-exempt gold for CGT and VAT-exempt secondary market silver and no taxable event has taken place. Under those circumstances it wouldn't matter if one side of the trade was imbalanced or if one or both parties made a profit
Change that to different types of non-CGT/VAT-exempt metals or do it as a business and things get a lot more complicated

Couldn't agree more.
I wouldn't even *consider* any gold that doesn't pass Sigma test all the way through. The Pro Mini tests through up to 10mm, that's good even for the thickest gold coin/bar I'd be interested.  Wands only go down to a certain number of microns deep, same as XRF guns. Not good enough perhaps if cladding is involved.

Nice find, thanks.
 

It could be explained by the strong link by Greece to the sovereign as millions of them were pumped into Greece after the Second World War to prevent economic collapse. There's a great video by the British Numismatic Society here (skip to 17:40 mins for the Greek interest but it's worth listening to the full story):